CLPS Good Will from 2010 to 2024

CLPS Stock  USD 1.13  0.04  3.42%   
CLPS Good Will yearly trend continues to be comparatively stable with very little volatility. Good Will will likely drop to about 1.1 M in 2024. Good Will is an intangible asset that arises when CLPS Inc acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2017-03-31
Previous Quarter
1.5 M
Current Value
1.5 M
Quarterly Volatility
M
 
Covid
Check CLPS financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CLPS's main balance sheet or income statement drivers, such as Tax Provision of 152.7 K, Discontinued Operations of 0.0 or Depreciation And Amortization of 667.6 K, as well as many indicators such as Price To Sales Ratio of 0.15, Dividend Yield of 0.12 or PTB Ratio of 0.34. CLPS financial statements analysis is a perfect complement when working with CLPS Valuation or Volatility modules.
  
Check out the analysis of CLPS Correlation against competitors.

Latest CLPS's Good Will Growth Pattern

Below is the plot of the Good Will of CLPS Inc over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. CLPS's Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CLPS's overall financial position and show how it may be relating to other accounts over time.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

CLPS Good Will Regression Statistics

Arithmetic Mean689,629
Geometric Mean0.00
Coefficient Of Variation137.73
Mean Deviation810,649
Median173,560
Standard Deviation949,847
Sample Variance902.2B
Range2.4M
R-Value0.64
Mean Square Error574.7B
R-Squared0.41
Significance0.01
Slope135,750
Total Sum of Squares12.6T

CLPS Good Will History

20241.1 M
20231.5 M
20212.4 M
20202.4 M
20192.1 M
2018447.8 K
2017173.6 K

About CLPS Financial Statements

CLPS shareholders use historical fundamental indicators, such as Good Will, to determine how well the company is positioned to perform in the future. Although CLPS investors may analyze each financial statement separately, they are all interrelated. The changes in CLPS's assets and liabilities, for example, are also reflected in the revenues and expenses on on CLPS's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Good Will1.5 M1.1 M

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Additional Tools for CLPS Stock Analysis

When running CLPS's price analysis, check to measure CLPS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CLPS is operating at the current time. Most of CLPS's value examination focuses on studying past and present price action to predict the probability of CLPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CLPS's price. Additionally, you may evaluate how the addition of CLPS to your portfolios can decrease your overall portfolio volatility.